Zee Media Bureau
The government has garnered about Rs 1.10 lakh crore from the telecom spectrum auction after 19 days and 115 rounds of fierce bidding among eight operators.
The government had got about Rs 1.06 lakh crore from the sale of 3G and BWA spectrum in 2010. In the auction held last year, the government netted Rs 62,162 crore.
The government is not disclosing the names of the successful bidders as yet as a case is pending before the Supreme Court. The next hearing on the case is on March 26.
Incumbents Bharti Airtel and Vodafone are locked with Reliance Jio to protect their spectrum they need to carry voice and data in the world's second-biggest smartphone market. In all, eight bidders are in the fray.
A total of 380.75 MHz of spectrum is on offer in 900 MHz, 1,800 MHz and 800 MHz bands, while 5 MHz is up for bidding in the 2,100 MHz band across 17 out of 22 telecom areas or circles in the country.
With Agency Inputs
